How to use Mono with Lendsqr for credit scoring
How to

How to use Mono with Lendsqr for credit scoring

Mono is on a mission to power the digital economy in Africa, using open banking as a layer for financial data, identity data, and bank transfer payments for businesses. 

Are lenders evil for charging high interest rates?
Lending

Are lenders evil for charging high interest rates?

The average lender today typically charges 4% — 10% per month (48% — 120% per year). Whoa. It makes you wonder how they recover loans at these rates. At first glance, it seems outrageous, even exploitative but there’s more to the story when you consider the risks and costs lenders face in Nigeria’s financial landscape.

Top 5 loan apps for TZS 100,000 in Tanzania
How to

Top 5 loan apps for TZS 100,000 in Tanzania

In this article, we’ll break down the top five loan apps for TZS 100,000, so you can pick the best one without the guesswork.